* Is the Market Strong or Weak? Is it Getting Stronger or Weaker? - Two questions I inquire inwards my ain brusk term trading are whether the stock marketplace is potent or weak inwards an absolute sense, in addition to whether the virtually recent day's marketplace is stronger or weaker relative to the twenty-four threescore minutes catamenia previous. The get-go query starts to address the effect of intermediate-term trend; the 2nd query looks for whether markets are picking upward strength/weakness or stalling out. Three indicators I live for addressing these questions are: 1) the number of 20-day highs in addition to lows beingness made past times stocks across all the U.S. exchanges; 2) the number of stocks closing higher upward in addition to below the volatility envelopes surrounding their short-term moving averages (Demand/Supply); 3) the per centum of stocks closing higher upward their intermediate-term moving averages; in addition to 4) the stocks inside 8 dissimilar sectors that are trading inwards intermediate-term uptrends, downtrends, or neutral (Technical Strength).
At a glance, I tin forcefulness out enjoin if markets are overbought or oversold (very high number of highs/lows; real high number of issues closing above/below their envelopes; real high/low per centum of stocks closing higher upward their moving averages; real high proportion of stocks trading inwards uptrends/downtrends), exactly besides whether strength or weakness is changing from i twenty-four threescore minutes catamenia to the next. This is real helpful inwards framing marketplace hypotheses (for example, the likelihood of the market's taking out levels of support/resistance). The first-class trading when indicators deed inwards sync.
* How the U.S. in addition to Asian Markets are Connected - trading amongst pivots to amend performance.
* Adapting to Part-Time Trading - It becomes easier amongst automation, equally the Lawyer Trader notes.
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